March 1

1. Bitcoin Market: After the outbreak of the US-Iran war, Bitcoin plummeted, then sharply rebounded in a V-shape late at night, recovering all losses. The lowest was $62,980, currently trading at $67,086. Ethereum's lowest was $1,833, now at $1,966. The market is highly volatile with no clear pattern; it's best to reduce trading activity. If you must trade, do high sell and low buy.

2. Altcoin Market: Altcoins performed relatively calmly. SOL rose 3%, closing at $84; DOGE fluctuated and rebounded, closing at $0.0938; POWER surged 30%, closing at $1.866, with a high of $2.2799, hitting a new all-time high; PIPPIN showed weak oscillation, now at $0.6; FIO surged straight up this morning, now at $0.0173, doubling in price; BULLA increased 66%, closing at $0.0238.

3. The US and Israel launched a joint military operation against Iran. This morning, Trump claimed that Iran's Supreme Leader Khamenei has been killed, which Iran denied, and the UN stated it "cannot confirm." Trump said ongoing strikes on Iran will continue for a week or longer.

4. Ethereum Holders' Retention Rate Rebounds from Four-Year Low: Network growth has significantly slowed, with daily new addresses dropping nearly 36% to 191,000, a two-month low, indicating decreased natural demand. However, the retention rate, at 92.4%, the lowest in 4.5 years, shows early signs of slight recovery, suggesting long-term participants are stabilizing.

5. Due to market decline, the largest long whale holders of BTC and ETH have seen increased unrealized losses. Combined losses exceed $13 million. As of press time, no positions have been closed or reduced. Their main holdings are as follows: "pension-usdt.eth": 3x leveraged BTC long position worth $63.6 million, average price $68,000, unrealized loss of $3.17 million (15%); "ETH Wave Master": 15x leveraged ETH long position worth $129 million, average price $1,991, unrealized loss about $9.6 million (-110%).

6. Yesterday, impacted by the US-Iran war, the cryptocurrency market experienced a sharp decline. A total of 135,000 traders were liquidated across the network, with total liquidation amounting to $446 million. The crypto market cap evaporated approximately $70 billion.